How much cover do you need?

Here is a quick way to roughly work out the level of life insurance cover you may require. We recommend you consult with a financial adviser to get a more accurate picture of your coverage requirements.

Long term debts
		Your needs
Mortgage		$
Other loans (car, credit cards etc.)		$
To clear your debts you should insure for		$
Monthly living expenses
Rent		$
Rates/telephone/electricity etc.		$
Food/clothing etc.		$
Child care/school fees		$
Car/bus/train		$
Other expenses (holidays, entertainment)		$
Monthly total		$
Yearly total		$
Future family expenses (For example, education and holidays) - Yearly amount		$
Years of family support
Total family support		$
To maintain a reasonable income for your family		$
What are my total life insurance needs?
To ensure for both an ongoing income and to clear debts		$
Deduct any existing life insurance you have		$
Total life insurance needs		$

Where to from here?

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